2743 W Cortez St Chicago, IL 60622
Humboldt Park NeighborhoodEstimated payment $4,208/month
Highlights
- Corner Lot
- Cul-De-Sac
- 1-minute walk to SinoJ Park
About This Lot
Rare opportunity to acquire a well-located RT-4 zoned parcel of land on a quiet cul-de-sac surrounded by recent redevelopment. The 25' x 124.68' lot (3,104 SF) is ideally suited for residential development and is located on a street that has seen significant investment activity, with five newly redeveloped buildings completed nearby a strong indicator of demand and continued neighborhood growth. Positioned just steps from a local high school and public park, the site benefits from built-in community appeal and long-term desirability. The cul-de-sac setting offers privacy and reduced traffic, making it an excellent candidate for new construction. This property presents a compelling opportunity for a first-time investor or developer entering a proven, appreciating market, as well as for an experienced builder seeking their next project in an area with established redevelopment momentum. Secure a land parcel in a location where new construction is already thriving.
Property Details
Property Type
- Land
Est. Annual Taxes
- $18,740
Lot Details
- Lot Dimensions are 25x124.68
- Cul-De-Sac
- Corner Lot
- Property is zoned MULTI
Utilities
- Electricity To Lot Line
- Cable TV Available
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,664 | $93,000 | $17,416 | $75,584 |
| 2024 | $18,664 | $93,000 | $17,416 | $75,584 |
| 2023 | $21,802 | $88,195 | $12,805 | $75,390 |
| 2022 | $21,802 | $106,000 | $12,805 | $93,195 |
| 2021 | $21,315 | $105,999 | $12,804 | $93,195 |
| 2020 | $10,412 | $46,740 | $7,930 | $38,810 |
| 2019 | $10,597 | $52,742 | $7,930 | $44,812 |
| 2018 | $10,418 | $52,742 | $7,930 | $44,812 |
| 2017 | $9,060 | $42,086 | $6,997 | $35,089 |
| 2016 | $8,429 | $42,086 | $6,997 | $35,089 |
| 2015 | $7,712 | $42,086 | $6,997 | $35,089 |
| 2014 | $5,990 | $32,283 | $6,220 | $26,063 |
| 2013 | $5,871 | $32,283 | $6,220 | $26,063 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | Pending | -- | -- | -- |
| 02/03/2026 02/03/26 | Price Changed | $499,000 | -13.2% | -- |
| 01/23/2026 01/23/26 | For Sale | $575,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12552854
APN: 16-01-412-011
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Ask me questions while you tour the home.